Sobha Athena

On an area of 1.37 acres, on the periphery of a slowly growing township over the previous decade, Sobha Athena comprises 72 homes in one H-shaped structure spanning two basements, a ground floor and 19 floors. The building footprint is 1,499 sq m of 5,564 sq m land and the rest of the 4,066 sq m is lawn, driveway and planting.

The other fundamental choice is discipline of product. One configuration only, a 3 BHK of 1,682 – 1,718 sft provided across four unit types wrapped around a single core at about four residences per floor. Average carpet area 1,147 sft with about 46 sft dedicated balcony.

The pitch is supported by record numbers. Karnataka RERA said that the entire cost of the project is Rs 93.30 crore, which includes Rs 26.54 crore to be spent on land and Rs 66.76 crore on building, with 7,671 sq m of aggregate carpet area across the 72 flats, 307 sq m of exclusive balcony, 29 sq m of open terrace and eight parking spots to be sold. Plans have been sanctioned by the BBMP. Construction commenced on 20 March 2020 and was expected to be completed on 30 September 2027.

Here, residents can walk around the clubhouse, drive the internal roads and talk to people who have been living with the maintenance for years. You don’t have to imagine anything from a picture and for households moving from an older flat to a home they want to occupy for a decade.

Chokkanahalli is located in North Bangalore on the Jakkur-Thanisandra belt, in the Yelahanka Zone, about a 100 meters off Thanisandra Main Road. What residents find here are gated apartment buildings bordering the main road, a tech sector at Bhartiya City to the northeast, Manyata to the south and modest commercial rows occupying the gaps in between. Hence, premium apartments in Thanisandra are surrounded by historic and new structures on the street. You may walk the lakes of Rachanahalli and Thanisandra on a chilly morning. The corridor grew fast because offices came in and evolved the market.

The property is located at about 4.5 km from Manyata Embassy Business Park and about 5 km from Karle Town Centre SEZ. Therefore, a commute in minutes is quite possible for a significant number of the residents. Nagawara junction is roughly 5 km away from outer ring road, Hebbal flyover is around 7 to 8 km away and airport is around 22 to 26 km distant via Hennur – Bagalur road or NH-44. Within a seven-kilometre radius there are schools, hospitals and two large retail malls thus families that often move within this area choose to stay.

Being honest about the negatives is just as crucial. The drive time to Hebbal and Thanisandra Main Road on ORR will be twice during non-peak hours. On a good day it takes 30 - 40 minutes to get to the major business district 13 – 15 km away. The Blue Line metro along the ORR and the Pink Line terminal at Nagawara are both at a distance of around 5.5 km and are scheduled to be commissioned in phases during the future years.

Thanisandra vs Hebbal flats households pick based on daily routine. Hebbal has the older status, lake frontage and per sq ft pricing way more than this region. Thanisandra gives you newer stuff, more open land and shorter runs to the tech parks for the same money. It is dependent on whether your routine travels along the airport route or the offices east of ORR.

In North Bangalore, the fact that job creation rather than sentiment is driving Bangalore’s property market is more evident. Then came the airport, tech parks around the outer ring road, aerospace and hardware corridors snaking out towards Devanahalli. Street after street, the houses followed the offices. New apartments in North Bangalore are taller and better serviced than those in the older parts of the city and a landlord here seldom needs to wait long for a renter.

Locality pricing is a sign of a growing, not soaring, market.The average asking price of an apartment in Thanisandra is around Rs 11,200 per sft as against a government guideline rate of around Rs 9,250 per sft. The average price of under-construction stock is Rs 10,950 per sft and ready-to-move stock is Rs 8,600 per sft. The premium rate in the vicinity is Rs 13,150-15,850 per sft. Apartment prices are said to have risen 4.79% annually.

Rental numbers confirm this. The average rent for a 3 BHK in Thanisandra is Rs 66,150 per month. On the main road rents are about Rs 50 per sft per month for apartments. The locality has a declared rental yield of roughly 4.07%. These are quite high yields by Indian metro standards and are the same reason for the pricing strength: tens of thousands of technology jobs within a short drive, fed by hiring every year.

The action on the ORR and the airport-bound Metro, road improvements on the Hennur–Bagalur corridor and continued office absorption in Manyata, Karle and Bhartiya City all point in one direction. These links are expected to open in the next few years which should keep land values skyrocketing along this corridor. None of it is a guarantee, and should be seen as a possibilty not an exact outcome, but this suggestion has been constant long enough to matter.

Registered with Karnataka RERA Registration No: PRM/KA/RERA/1251/309/PR/200526/003430. ACK/KA/RERA/1251/309/PR/200319/003992 The Sobha Athena RERA record is the most useful single document a buyer has at booking since it pegs down stated areas, declared cost, promoter obligations and the handover date in a public file which anyone may verify independently instead of relying a claim supplied by sales.

Land area is 5564 sq m with 1499 sq m covered and 4066 sq m open. The total carpet space is 7,671 sq m comprising 72 units with exclusive balcony area of 307 sq m and open terrace as 29 sq m. Parking for sale looks like 8 spaces over 110 sq m. Total project cost being Rs 93.30 crore. The site is in Bengaluru North taluk of Bengaluru Urban district and the plans are approved by BBMP.

Registration commenced on 20 March 2020, and first ended on 31 December 2026. The state’s pandemic relief measures extended that to 30 September 2027 because of Covid extension, which is the current reported transfer date. Similar extensions were offered to projects across Karnataka which lost site time during those years and the alteration is out in the open in the portal, not hidden.

The buyers are required to transfer all payments directly into the RERA designated project account as per registration, this is to keep purchasing money into the project and also test construction claims any time pre or post booking with the promoter’s public quarterly progress statements. These are vital because they safeguard the customer from any form of fraud or unverified interactions. We’ll take you over the current filing clause by clause before you sign anything.

Sobha Limited was set up in 1995 by P.N.C. Menon, who had been in interior contracting works in the Middle East for 30 years. Today the record is 595 projects , 154.23 million sft of residential, commercial & contractual construction, personnel of over 14,700, activities in 28 cities across 14 states and over 272 awards. The shares are traded on NSE and BSE with CIN L45201KA1995PLC018475 and this means that all financials, disclosures and delays are published on a quarterly basis.

The Sobha Restoplus line is manufactured in-house, including interiors, glass and metal works and concrete products. This shows up in handover, with fewer subcontractor handovers, tighter standards for joinery and glass and a finish timeline the builder controls from end to end. This is also why the brand gets a resale premium in most of the micro marketplaces where it constructs.

Sobha City Thanisandra is one of the major townships in this area and created in phases of Mediterranean design. Occupied one step at a time with Athena closing the run, Sobha City Thanisandra. If you are looking for Sobha Projects in Thanisandra, Sobha Apartments in Thanisandra or Sobha Apartments near Manyata Tech Park, you are probably either circling this township or its local vicinity, Therefore completed phases are the best due diligence you can do as the quality is there for all to see.

Please contact us directly for questions or for any information as details of Sobha current projects in Bangalore, Sobha residential projects North Bangalore and any Sobha new launch in Bangalore keeps changing with every launch cycle. while the sales position on Sobha flats in North Bangalore moves faster still. Buyers comparing Sobha under construction flats North Bangalore with ready stock can examine what’s there today across the group’s addresses in this region, with live inventory and handover dates.

Each residence would have an undivided share in the land, carpet area as per RERA, private balcony area and rights to use the common areas and township utilities. The total carpet area is 7671 sq m whereas the balcony is 307 sq m and open terrace is 29 sq m plus the alloted parking is what the 72 households own between them. These are the figures that are legally specified by the declared measures of this project.

Once the transfer is done, the association of unit owners takes over the common spaces and charges monthly rates for the running of the lifts, pumps, generators, security staff, sewage treatment plant and landscape. The 72 residences are in Sobha City therefore the facilities like the clubhouse, pools, courts are scattered over the entire resident base of the township and not confined to 72 households. This particular set-up is the greatest running-cost advantage of buying into a finished township as opposed to a modest independent structure.

A 3 BHK of 1,682 – 1,718 is suitable for a family of four with a study or guest room, works for a senior couple seeking lock-up-and-leave security and helps them simply move to a technology household working at Manyata. Thanisandra also has the biggest resale pool in the area for 3 BHK apartments, and 3 BHK flats on Thanisandra Main Road are traded faster than non-standard forms.

Nineteen stories purchased keep the city noise, view and breeze away. Parking is underground in the basement. The vertical stacking of homes keeps 73% of land open. If we compare gated community apartments in Thanisandra to building on a plot, it is a question of amenity, security and zero construction risk on one side and design freedom on the other.

There are only 72 homes, one configuration, sealing off a township that can’t be expanded. Demand is not cyclical but structural. It is 4.5 km from Manyata and 5 km from Karle Town Centre. Transfer in September 2027 makes the gap between income and expenditure small. So, a Sobha Athena investment is less an investment, and more a purchase of a ready asset, and it works for those who like certainty over bargain.

Sobha Athena price per sq ft is on request but the market in the vicinity is public.

The working benchmark for an A class developer is 3.5 – 4% per annum of property cost partly furnished and 4 – 4.5% furnished. That translates to Rs 3.50-4.00 lakh a year or Rs 29,200-33,300 a month semi-furnished and Rs 4.00-4.50 lakh a year or Rs 33,300-37,500 a month furnished per Rs 1 crore in cost. Local data supports the range with 3 BHK apartments in Thanisandra renting at Rs 66,150 on an average per month and the locality’s reported yield near 4.07%. To be able to calculate the Sobha Athena rental yield, one has to examine the listed price of the unit in question.

For NRI investment in North Bangalore apartments and for anyone comparing luxury flats in Bangalore for NRI buyers corridor by corridor, a completed township with near-term ownership strips out most of the customary danger. Buyers still ask us the direct question, is Sobha Athena a good investment for their particular scenario and the answer relies on holding terms, funding mix and tax status, which we are delighted to work through.

There are no resident assessments as no-one lives here yet thus it would be dishonest to publish any since handover is in September 2027. The inhabitants who will occupy these 72 houses have yet to move in, there is no association or maintenance record and no one can report on how the lifts, lobbies or western lawn will perform in regular use. To post any review or testimonial on this tower at this point in time would be dishonest. Once the families come in, the Sobha Athena reviews will also be out.

The earlier phases of Sobha City have been occupied for years so a prospective buyer can go there on a weekday evening and see how the common areas have aged, ask the residents directly about water supply, power back-up, security staffing and monthly charges and see the clubhouse and pools in ordinary use rather than in a photograph. One visit of the site tells you more about the project than all the quotations combined.

The tower itself has been a constant point of curiosity, in the early stages, which makes sense for a project with a single layout of 72 units. The queries can be broadly divided into two kinds, families already settled in the corridor, who desire extra space without changing schools or routines and investors who are searching for rental catchment in Manyata. One product, no compact, therefore the shortlist filters itself. Buyers looking for 2 BHK or lesser entry price also tend to leave early.

The plus points are the density statistics, the completed amenity base and the completion date of September 2027. Things to watch out for are Traffic noises during peak hours on Thanisandra Main Road. A metro that is still a few years away from service. Finishes that are respectable, not ultra-premium. Ask to see the RERA application, the plan set and do a site visit. It’s important to look at all three before you decide.